This chapter reviews the concepts, methods, and results of studies that analyze the
incidence of taxes. The purpose of such studies is to determine how the burden of a …

This paper formalizes and quantifies the secular stagnation hypothesis, defined as a
persistently low or negative natural rate of interest leading to a chronically binding zero …

This paper estimates the incidence of state corporate taxes on the welfare of workers,
landowners, and firm owners using variation in state corporate tax rates and apportionment …

We study state taxes as a potential source of spatial misallocation in the US. We build a
spatial general equilibrium framework that incorporates salient features of the US state tax …

Policymakers and researchers have long been interested in how potential changes to the
personal income tax system affect the size of the overall economy. In 2014, for example …

The question of whether higher–lifetime income households save a larger fraction of their
income was the subject of much debate in the 1950s and 1960s, and while not resolved, it …

We quantitatively characterize the optimal capital and labor income tax in an overlapping
generations model with idiosyncratic, uninsurable income shocks and permanent …

The Theory of Taxation and Public Economics presents a unified conceptual framework for
analyzing taxation--the first to be systematically developed in several decades. An original …

Generational policy is a fundamental aspect of a nation's fiscal affairs. The policy involves
redistributing resources across generations and allocating to particular generations the …

The new edition of a popular guide to the key issues in tax reform, presented in a clear,
nontechnical, and unbiased way. To follow the debate over tax reform, the interested citizen …